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Perfios is currently the largest B2B SaaS fintech software company in the country, serving over 1,000 financial institutions in the BFSI sector through a suite of over 75 products, with operations in 18 countries across Southeast Asia, the Middle East and MENA. I am. Sabyasachi Goswami, CEO of Perfios, further elaborated on the solutions the company offers, saying, “Through our pioneering software platform and products, we are able to streamline the process of establishing, onboarding, decision-making, underwriting, and monitoring for financial institutions. We help financial institutions make big leaps forward by shaping at scale and quickly. Delivering 8.2 billion data points to banks and financial institutions every year to drive faster decision-making and reduce NPAs. We process 1.7 billion transactions annually with an AUM of 3 trillion, significantly accelerating access to credit and financial services for our clients’ customers.”
The company’s mission is to advance financial inclusion by enabling financial services to reach the last mile. By empowering financial institutions’ end-to-end customer lifecycle, real-time decision-making becomes easier and more accurate.
Perfios has developed a scalable financial data analytics platform that can process data from a variety of sources. The platform can extract, curate, clean, and analyze data, enabling the creation of a variety of domain-intensive solutions. The platform is proven to minimize human effort through automation, produce high-quality and accurate reports, and reduce overall process turnaround time. We also enhance financial institutions’ diligence and onboarding efforts through our robust validation product stack.
In the consumer and small business lending space, the platform assesses borrower behavior to determine overall credit health. Perfios’ predictive analytics also allows you to track borrower credit trends, minimize fraud, and enhance lender risk management. Serving the insurance industry, the company’s insurtech product suite helps digitize health insurance claims documents, clearly categorizing medical procedures and supplies according to policy eligibility and limits. Warns against fraud, waste, and abuse. This ensures that health insurance companies pay claims fairly and accurately.
Technical specifications:
•Year of establishment – 2008
• External funds received to date –
•Bessemer Venture Partners invested $6.1 million in Series A in 2017
•Warburg Pincus LLC and Bessemer Venture Partners invest $50
•1 million in 2019 Series B
•Warburg Pincus and Bessemer India are
•Series C round •Kedaara Capital invests $229 million in Series D in 2023
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